Favorable Exchange Rates - Escape Trailer Owners Community

Go Back   Escape Trailer Owners Community > Escape Me | General Topics > Paper Escape
Click Here to Login
Reply
 
Thread Tools Display Modes
 
Old 05-01-2017, 08:25 PM   #1
Senior Member
 
Sisababe's Avatar
 
Join Date: Oct 2016
Location: Ashland, Massachusetts
Trailer: 2017 Escape 5.0 TA "Wild Thing"
Posts: 306
Favorable Exchange Rates

The exchange rate USD to CAD has moved a few points in our favor. My build sheet is done and although my completion date isn't until Sept, I'm wiring those funds now to lock in that great rate and save a few clams.

Sent from my SM-G930V using Tapatalk
__________________

__________________
Sarah Kochanowski
5.0TA Travel Blog: WildThingEscapes
“Tell me, what is it you plan to do with your one wild and precious life?” Mary Oliver
Sisababe is offline   Reply With Quote
Old 05-01-2017, 08:32 PM   #2
Senior Member
 
thoer's Avatar
 
Join Date: Oct 2009
Location: Galesville, Wisconsin
Trailer: 2017 21 "Blue II" & 2017 Highlander XLE (previously 2010 17B "Blue" & 2008 Tacoma)
Posts: 4,207
Quote:
Originally Posted by Sisababe View Post
The exchange rate USD to CAD has moved a few points in our favor. My build sheet is done and although my completion date isn't until Sept, I'm wiring those funds now to lock in that great rate and save a few clams.

Sent from my SM-G930V using Tapatalk
Good idea!
__________________

__________________
Eric (and Mary who is in no way responsible for anything stupid I post)

"Beware of false knowledge; it is more dangerous than ignorance." George Bernard Shaw
thoer is offline   Reply With Quote
Old 05-01-2017, 08:44 PM   #3
Site Team
 
Donna D.'s Avatar
 
Join Date: Nov 2008
Location: Portland, Oregon
Trailer: 2014 Escape 5.0 TA
Posts: 8,551
Yep, hit 73 cents today. Cheapest we've seen in several months.
__________________
Donna D.
Ten Forward
2014 Escape 5.0TA
Donna D. is offline   Reply With Quote
Old 05-01-2017, 08:50 PM   #4
Site Team
 
rbryan4's Avatar
 
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2018 F150 2.7L Ecoboost
Posts: 9,480
Quote:
Originally Posted by Donna D. View Post
Yep, hit 73 cents today. Cheapest we've seen in several months.
That's crazy low. One could get a new 19, with about 5K of added options for under 27K US!

Sent from my SM-G930V using Tapatalk
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
rbryan4 is offline   Reply With Quote
Old 05-01-2017, 08:52 PM   #5
Senior Member
 
Ljswany's Avatar
 
Join Date: Mar 2017
Location: Fort Collins, Colorado
Trailer: 2017 Escape 19
Posts: 119
We' re playing the exchange rate game too, but haven't jumped yet to lock in a rate for our 19. Such a gamble when trying to predict what Trump will do next to our Canadian friends. Sheesh!
__________________
Linda

"It is better to travel well than to arrive" - Buddha
Ljswany is offline   Reply With Quote
Old 05-01-2017, 08:57 PM   #6
Senior Member
 
Join Date: Aug 2016
Location: Upstate, New York
Trailer: 2017 Escape 19 - June 27, 2017
Posts: 208
Quote:
Originally Posted by Sisababe View Post
The exchange rate USD to CAD has moved a few points in our favor. My build sheet is done and although my completion date isn't until Sept, I'm wiring those funds now to lock in that great rate and save a few clams.
Yes, the exchange rate moved in our favor last week and has continued in that direction this week. We sent the wire for our end of June delivery on Wednesday at 1.3572 USD/CAD. Would have saved an additional $134 if we waited until today , but it also could have went the other direction as well . The rate saved us around 1200 clams over what it was when we made our deposit last August, which is cool .
rjbny is offline   Reply With Quote
Old 05-01-2017, 08:59 PM   #7
Site Team
 
rbryan4's Avatar
 
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2018 F150 2.7L Ecoboost
Posts: 9,480
Quote:
Originally Posted by Ljswany View Post
We' re playing the exchange rate game too, but haven't jumped yet to lock in a rate for our 19. Such a gamble when trying to predict what Trump will do next to our Canadian friends. Sheesh!
Linda, the USD has been up on the CAD in varying amounts for years, and the White House, regardless of it's occupant, had very little to do with it.

Having said that, .73 is a very low rate. Might even be historically low. For what it's worth, I would strike while the iron is hot.

Sent from my SM-G930V using Tapatalk
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
rbryan4 is offline   Reply With Quote
Old 05-01-2017, 09:16 PM   #8
Senior Member
 
Join Date: Mar 2013
Location: North of Hertel, Wisconsin
Trailer: TBD
Posts: 2,159
Somewhere around the year 2000 the exchange rate was around 0.62 or O.63 USD to 1.00 CDN if my memory is correct. If that is a good thing or a bad thing I guess depends on your prospective.
steve dunham is offline   Reply With Quote
Old 05-01-2017, 09:17 PM   #9
Senior Member
 
gbaglo's Avatar
 
Join Date: Oct 2008
Location: North Vancouver, British Columbia
Trailer: 2009 Escape 17B - "Toad". '08 Toyota RAV4 V6
Posts: 13,815
Recent statements about Canada 'dumping' softwood lumber into the US and not being fair to US dairy as well as cancelling NAFTA have had a direct effect on the Canadian dollar.
But, I wouldn't bet on the outcome.
__________________
2009 Escape 17B "Toad"
2008 Toyota RAV4 V6 Sport
North Vancouver, British Columbia

What happens to the hole when the cheese is gone?
- Bertolt Brecht
gbaglo is offline   Reply With Quote
Old 05-01-2017, 09:30 PM   #10
Senior Member
 
Join Date: Dec 2008
Location: ,, Oklahoma
Trailer: 17
Posts: 812
Anyway back to the topic, I would say pay for next day Air UPS or fedex. US mail priority mail Express tied up in customs a number of days on an exchange run costing us Money
gocamp is offline   Reply With Quote
Old 05-01-2017, 09:39 PM   #11
Senior Member
 
Join Date: Aug 2016
Location: Upstate, New York
Trailer: 2017 Escape 19 - June 27, 2017
Posts: 208
Quote:
Originally Posted by rbryan4 View Post
Linda, the USD has been up on the CAD in varying amounts for years, and the White House, regardless of it's occupant, had very little to do with it.

Having said that, .73 is a very low rate. Might even be historically low. For what it's worth, I would strike while the iron is hot.
Oil prices seem to have more impact than anything else.

The CAD actually went lower than it is now between mid-December 2015 and the end of February 2016. For a couple of days it went down into the .68 range, but that was historic from what I can tell.
rjbny is offline   Reply With Quote
Old 05-01-2017, 09:41 PM   #12
Site Team
 
rbryan4's Avatar
 
Join Date: Jun 2014
Location: Canyon Lake, Texas
Trailer: 2015 19 "Past Tents", 2018 F150 2.7L Ecoboost
Posts: 9,480
Glenn's right. Trying to predict where it will go is a little like trying to nail jello to a wall. But, .73 is a really beneficial rate for US buyers.

Sent from my SM-G930V using Tapatalk
__________________
"You can't buy happiness, but you can buy an RV. And that is pretty close."
rbryan4 is offline   Reply With Quote
Old 05-02-2017, 12:06 AM   #13
Senior Member
 
Join Date: Feb 2016
Location: Area 51, New Mexico
Trailer: pondering.....
Posts: 728
virtual beer bet...down to .70 in a few months , perhaps sooner if he has a bad day and signs the draft letter he apparently made LAST week....never know with this guy..it may be as simple as how bad he wants to scratch that itch...
freespirit is offline   Reply With Quote
Old 05-02-2017, 12:35 AM   #14
Senior Member
 
Join Date: Apr 2014
Location: Olympia wa, Washington
Trailer: 5.0TA 2017
Posts: 1,918
It good just sent a big chunk of money last week guess I should have waited but I'm not done paying yet!
Fox hunt is offline   Reply With Quote
Old 05-02-2017, 08:24 AM   #15
Senior Member
 
Sisababe's Avatar
 
Join Date: Oct 2016
Location: Ashland, Massachusetts
Trailer: 2017 Escape 5.0 TA "Wild Thing"
Posts: 306
It certainly could go lower but I'm happy with the savings at this current rate ... I i also tend to leave the blackjack table when I'm ahead!

Sent from my SM-G930V using Tapatalk
__________________
Sarah Kochanowski
5.0TA Travel Blog: WildThingEscapes
“Tell me, what is it you plan to do with your one wild and precious life?” Mary Oliver
Sisababe is offline   Reply With Quote
Old 05-02-2017, 08:55 AM   #16
Senior Member
 
H46Driver's Avatar
 
Join Date: Apr 2013
Location: San Antonio, Texas
Trailer: 2013 Casita (Sold) 2017 Escape 21
Posts: 277
Quote:
Originally Posted by gocamp View Post
Anyway back to the topic, I would say pay for next day Air UPS or fedex. US mail priority mail Express tied up in customs a number of days on an exchange run costing us Money
When it was time for us to pay we went in to Navy Federal Credit Union. They set up the wire transfer right there through another bank (can't remember who they used) and we knew when we left exactly what the rate was. That sure took the anxiety out of wondering if the rate was going to go up while waiting for the mail to go through. I think it cost something like $25 in fees and took about 45 minutes.
__________________
Dave

Never underestimate a man with a Degree in Physical Education.
H46Driver is offline   Reply With Quote
Old 05-02-2017, 09:04 AM   #17
Senior Member
 
Join Date: Aug 2016
Location: Upstate, New York
Trailer: 2017 Escape 19 - June 27, 2017
Posts: 208
Wire transfer is good for relief of anxiety. ETI can send you clear instructions that you can take to your bank.
rjbny is offline   Reply With Quote
Old 05-02-2017, 09:08 AM   #18
Site Team
 
Donna D.'s Avatar
 
Join Date: Nov 2008
Location: Portland, Oregon
Trailer: 2014 Escape 5.0 TA
Posts: 8,551
Pre-market opening: Canada Dollar $0.7297
__________________
Donna D.
Ten Forward
2014 Escape 5.0TA
Donna D. is offline   Reply With Quote
Old 05-02-2017, 09:50 AM   #19
Member
 
Join Date: Aug 2016
Location: Mount Vernon, Iowa
Trailer: 2018 19
Posts: 89
If I remember correctly, There is a certain window that ETI will allow you to pay. Is this true or did I just imagine it.
Traverson is offline   Reply With Quote
Old 05-02-2017, 10:47 AM   #20
Senior Member
 
Steve Clark's Avatar
 
Join Date: Jul 2015
Location: Fremont, California
Trailer: 2016 21. '15 Ford Explorer V-6
Posts: 1,482
Quote:
Originally Posted by Sisababe View Post
It certainly could go lower but I'm happy with the savings at this current rate ... I i also tend to leave the blackjack table when I'm ahead!

Sent from my SM-G930V using Tapatalk
Silly joke, but I can't resist, "When is a Sisababe not a Sisababe?" When she's ahead......
__________________

__________________
Steve and Debbie
2016 - 21'

“Get out the map and lay your finger anywhere down” -Indigo Girls
Steve Clark is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off






» Featured Campgrounds

Reviews provided by

Disclaimer:

This website is not affiliated with or endorsed by Escape Trailer Industries or any of its affiliates. This is an independent, unofficial site.


All times are GMT -5. The time now is 01:13 AM.


Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Copyright 2012 Social Knowledge, LLC All Rights Reserved.
×